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Category: china

The Dow rose for the seventh straight day after the US & China each took steps to deescalate the trade war in preparation for the upcoming negotiations. | Source: Nicholas Kamm / AFP The Dow Jones Industrial Average and...

China is set to launch the world’s first central bank digital currency (CBDC). As the majority of central banks, including in the US and Europe, are tentative over issuing their own CBDCs, the People’s Bank of China (PBoC) has...

The Chinese government has reportedly shut down a popular and well-funded crypto company called GXChain, which at its peak had a market cap of over $600 million USD. News of this crackdown swiftly led GXChain’s price to plummet, and...

Central banks hoarding gold is thought to be accounting for a lot of the buying pressure sending the price of the precious metal upwards recently. Such a hunger for hard assets may one day see banks stock piling Bitcoin...

Over the past few months, a trade war has been raging between the U.S. and China. Throughout this, Bitcoin (BTC) has managed to post stellar gains, rallying by some 100% since the latest leg of this dispute began. While...

As the Chinese yuan falls in value due to factors like the ongoing trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin. According to a Bloomberg analysis of prices over 30 days,...

The Dow surged on Thursday after the US and China made headway toward the next round of trade negotiations, triggering market euphoria. | Source: Nicolas ASFOURI / AFP The Dow bounded toward a second straight titanic advance on Thursday...

Bitmain, the world’s largest maker of bitcoin mining equipment, has been named the third hottest startup to work for in China. | Source: Shutterstock China has held the crown for being the home of some of the largest makers...

EOS scored an awareness boost after being featured on Chinese television, but critics warn China has become a systemic risk to the cryptocurrency. | Source: Shutterstock EOS received a major boost in awareness this week thanks to a Chinese...